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Westlake Chemical Partners LP (Westlake Chemical Partners LP) Pre-Tax Income : $334 Mil (TTM As of Mar. 2024)


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What is Westlake Chemical Partners LP Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Westlake Chemical Partners LP's pretax income for the three months ended in Mar. 2024 was $90 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $334 Mil. Westlake Chemical Partners LP's pretax margin was 31.56%.

During the past 13 years, Westlake Chemical Partners LP's highest Pretax Margin was 40.53%. The lowest was 21.08%. And the median was 31.82%.


Westlake Chemical Partners LP Pre-Tax Income Historical Data

The historical data trend for Westlake Chemical Partners LP's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westlake Chemical Partners LP Pre-Tax Income Chart

Westlake Chemical Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 333.62 341.68 401.93 335.85 335.44

Westlake Chemical Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.66 75.44 81.08 87.26 89.86

Competitive Comparison of Westlake Chemical Partners LP's Pre-Tax Income

For the Chemicals subindustry, Westlake Chemical Partners LP's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westlake Chemical Partners LP's Pre-Tax Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Westlake Chemical Partners LP's Pre-Tax Income falls into.



Westlake Chemical Partners LP Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Westlake Chemical Partners LP's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=357.708+4.232+-26.501+0+-5.6843418860808E-14
=335

Westlake Chemical Partners LP's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=95.103+1.334+-6.581+0+0
=90

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $334 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westlake Chemical Partners LP  (NYSE:WLKP) Pre-Tax Income Explanation

Westlake Chemical Partners LP's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=89.856/284.673
=31.56%

During the past 13 years, Westlake Chemical Partners LP's highest Pretax Margin was 40.53%. The lowest was 21.08%. And the median was 31.82%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westlake Chemical Partners LP Pre-Tax Income Related Terms

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Westlake Chemical Partners LP (Westlake Chemical Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develop ethyelene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
Executives
Andrew Kenner officer: SVP, Olefin Material & Corp Pr 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Randy Woelfel director 3411-3433 W. EL SEGUNDO BLVD., HAWTHORNE CA 90250
G Stephen Finley director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lisa A. Friel director 2611 PLUM HOLLOW, SAN ANTONIO TX 78258
James Chao director, 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: VP, Olefins Feedstock & Energy 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Albert Chao director, 10 percent owner, officer: President & CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
L. Benjamin Ederington director, officer: VP, General Counsel 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender director, officer: Sr VP, CFO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: SVP, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Blackstone Securities Partners L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154-0191

Westlake Chemical Partners LP (Westlake Chemical Partners LP) Headlines